Putnam High Income Securities Fund
Steve Horner, CFA began their work experience in 1994 as a Product Manager at Wellington Management. Steve then joined Putnam Investments in 1997, where they held various roles including Fixed Income Specialist, Institutional Portfolio Manager, and SVP, Portfolio Manager. Steve was responsible for portfolio management, strategy development, and execution, as well as team management. During their time at Putnam Investments, they managed assets ranging from $7 billion in stable value assets to over $60 billion in global fixed income assets. In 2024, Steve joined Franklin Templeton as a Fixed Income Portfolio Manager.
Steve Horner, CFA received their BA in Political Science/Economics from Furman University, where they studied from 1987 to 1990.
Putnam High Income Securities Fund
High Income Securities Fund, formerly Putnam High Income Securities Fund, is a diversified closed-end management investment company. The Fund provides high current income as a primary objective and capital appreciation as a secondary objective. The Fund pursues its objective by investing in convertible bonds and convertible preferred stocks. The Fund also invests in high-yielding non-convertible securities with the potential for capital appreciation. It is a business trust. The Fund provides investment services across a range of equity, fixed income, absolute return and alternative strategies. The Fund invests in various industries, such as technology, electronics, financials, banking, healthcare, communication services, pharmaceuticals, food, telecommunications and medical technology. Putnam Investment Management, LLC is the investment manager of the Fund. Putnam Investments Limited is the investment sub-advisor of the Fund.